Able Wealth Management LLC Sells 15,809 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Able Wealth Management LLC reduced its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 52.1% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 14,562 shares of the company’s stock after selling 15,809 shares during the quarter. Able Wealth Management LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $1,366,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Garrison Bradford & Associates Inc. purchased a new position in shares of VanEck Morningstar Wide Moat ETF in the first quarter valued at about $26,000. N.E.W. Advisory Services LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF in the first quarter worth about $26,000. Keystone Global Partners LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF in the second quarter worth about $28,000. Financial Gravity Asset Management Inc. purchased a new stake in VanEck Morningstar Wide Moat ETF in the 1st quarter worth approximately $29,000. Finally, Intelligent Financial Strategies purchased a new stake in VanEck Morningstar Wide Moat ETF in the 2nd quarter worth approximately $30,000.

VanEck Morningstar Wide Moat ETF Stock Performance

BATS MOAT opened at $100.91 on Thursday. VanEck Morningstar Wide Moat ETF has a fifty-two week low of $75.43 and a fifty-two week high of $99.41. The stock has a 50 day simple moving average of $99.67 and a two-hundred day simple moving average of $95.22. The stock has a market cap of $13.62 billion, a P/E ratio of 22.53 and a beta of 1.02.

About VanEck Morningstar Wide Moat ETF

The VanEck Morningstar Wide Moat ETF (MOAT) is an exchange-traded fund that is based on the Morningstar Wide Moat Focus 20 index. The fund tracks a staggered, equal-weighted index of 40 US companies that Morningstar determines to have the highest fair value among firms with a sustainable competitive advantage.